STEWART INFORMATION SERVICES CORP·4

Jul 2, 4:32 PM ET

Bryant Iain Martyn 4

Research Summary

AI-generated summary

Updated

STC Group President Bryant Martyn Receives Award; 261 Shares Withheld

What Happened

  • Bryant Iain Martyn, Group President of Stewart Information Services Corp (STC), had 1,071 restricted stock units (RSUs) convert to 1,071 shares on July 1, 2026 (reported as derivative exercise/conversion).
  • To cover tax withholding related to the vesting, 261 of those shares were surrendered/withheld at $67.58 per share, totaling $17,638. This was not an open-market sale but a tax withholding on an award vesting.

Key Details

  • Transaction date: 2026-07-01; filing date: 2026-07-02 (appears timely).
  • Conversion/Exercise entries (code M): 1,071 RSUs -> 1,071 shares (conversion); another M entry shows 1,071 shares at $0.00 reflecting the conversion mechanics.
  • Tax withholding (code F): 261 shares withheld at $67.58 = $17,638.
  • Shares owned after the transaction are not specified in the provided data.
  • Footnotes: F1 — each RSU equals one share on conversion; F2 — RSUs vest in three equal annual installments on 7/1/2025, 7/1/2026, and 7/1/2027.

Context

  • This was a routine vesting of RSUs with a common cashless tax-withholding step (shares surrendered to cover taxes), not a discretionary market sale or purchase that signals a trading view.
  • For retail investors, award vestings mainly reflect compensation mechanics rather than a direct insider buy or sell signal.